Keyword

Eftpos

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Philippine banks testify to Senate over recent system glitches and scams

Philippine banks testify to Senate over recent system glitches and scams

Representatives of two of the Philippines' biggest banks, BPI and BDO Unibank, on Wednesday reassured a hearing of the Senate committee on banks, financial institutions, and currencies that they have addressed recent failures that saw a 26 hour system shutdown at BPI and a spate of ATM compromises at BDO.

22 June 2017

Visa launches $100,000 fintech challenge for Middle East and North Africa

Visa launches $100,000 fintech challenge for Middle East and North Africa

Visa has announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the Middle East and North Africa (MENA) region.

21 June 2017

Worldpay pilots app-only mPOS for small retailers

Worldpay pilots app-only mPOS for small retailers

Worldpay is conducting extended trials of a software-based mobile points of sale system which helps cash-only mobile and micro retailers to accept card and phone payments on their NFC devices.

19 June 2017

Kmart suffers another card data breach

Kmart suffers another card data breach

For the second time in three years, hackers have installed malware on POS systems at US discount chain Kmart and stolen customer credit card data.

01 June 2017

Android Pay lands in Canada and Taiwan

Android Pay lands in Canada and Taiwan

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.

31 May 2017

POS malware hits 'most' US Chipotle restaurants

POS malware hits 'most' US Chipotle restaurants

Burrito slinger Chipotle says that "most" of its US restaurants were affected by a card data-stealing POS malware attack earlier this year.

29 May 2017

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

19 May 2017

DrnkPay app blocks credit cards if you've had too much to drink

DrnkPay app blocks credit cards if you've had too much to drink

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

17 May 2017

French retailers and banks begin roll out of universal mobile app

French retailers and banks begin roll out of universal mobile app

French retailer Carrefour is to begin the roll out of LyfPay, a new mobile app resulting from the merger of BNP Paribas-backed Wa! and Credit Mutuel's Fivory, which will enable customers to make instore and online payments with a single movement, send P2P money transfers, settle invoices and use loyalty points and coupons.

15 May 2017

Kreditech secures EUR110 million investment from PayU

Kreditech secures EUR110 million investment from PayU

Germany's Kreditech has secured a EUR110 million investment from online payment processor PayU.

10 May 2017

CIBC ditches NFC payments app

CIBC ditches NFC payments app

Canadian Imperial Bank of Commerce (CIBC) has quietly pulled its SIM-based NFC mobile payments app from the Google Play Store, citing the popularity of alternatives from Samsung and Apple.

05 May 2017

Pennies partners Ingenico to bring digital charity boxes to the checkout

Pennies partners Ingenico to bring digital charity boxes to the checkout

Digital charity box Pennies has teamed up with POS terminal maker Ingenico to make it easier for Brits to give money to good causes at the checkout.

27 April 2017

Russian hacker sentenced to 27 years in US prison

Russian hacker sentenced to 27 years in US prison

The son of a Russian lawmaker has been sentenced to 27 years in a US prison for hacking into retail POS systems and stealing millions of credit card numbers which he then sold on to other crooks.

21 April 2017

South Korea makes coinless society push

South Korea makes coinless society push

As it bids to become a coinless society by 2020, South Korea is preparing a pilot that will give shoppers the chance to receive their change in the form of a top-up to prepaid cards.

19 April 2017

Intercontinental card data breach hits 1200 hotels

Intercontinental card data breach hits 1200 hotels

InterContinental Hotel Group says that it has found malware designed to steal payment card details at around 1200 of its franchise hotels in the US.

19 April 2017

PayPal forges mobile payments deal with Google

PayPal forges mobile payments deal with Google

Consumers in the US will soon be able to use PayPal in Android Pay to make purchases at retailers in-store, in-app and online.

18 April 2017

Android Pay gets inside bank apps

Android Pay gets inside bank apps

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

12 April 2017

After Apple Pay loss, Westpac turns to Samsung Pay

After Apple Pay loss, Westpac turns to Samsung Pay

Having lost its bitter Apple Pay battle, Australia's Westpac has signed up to support a rival NFC mobile payments service from Samsung.

11 April 2017

Ingenico gamifies the checkout

Ingenico gamifies the checkout

Ingenico is bringing scratch cards, slot machines and wheels of fortune to online checkout screens and instore eftpos in an effort to improve conversion rates for merchants.

06 April 2017

Deutsche Bank rolls out mobile NFC payments for Android handsets

Deutsche Bank rolls out mobile NFC payments for Android handsets

In a first for cash-loving Germany, Deutsche Bank has added host card emulation-based contactless payments to its Android app.

05 April 2017